Sunshine Biopharma Inc. Acquires Nora Pharma Inc.

October 20, 2022

Sunshine Biopharma Inc. has completed the acquisition of all outstanding shares of Nora Pharma Inc., making Nora Pharma a wholly owned subsidiary. The deal (C$30.0 million) expands Sunshine’s business into generic prescription drugs, over‑the‑counter products and biosimilars and adds approximately $10.7 million in revenue and 36 employees based in the Greater Montreal area.

Buyers
Sunshine Biopharma Inc.
Targets
Nora Pharma Inc.
Industry
Pharmaceuticals
Location
Quebec, Canada
Transaction Type
Buyout

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